Michael Kors embracing simple designs and combining them with high-quality

Embracing simple designs and combining them with high-quality fabrics and an inch-perfect fit, Michael Kors has rightly gained a loyal following.Glamorous evening womenswear is Michael Kors’ speciality, with his gowns making regular appearances on Hollywood’s red carpets.
Michael Kors kept a low profile in the 1980s, despite the strong support of a number of loyal guests, but he did not jump onto Donna and Calvin Klein kind of throne. In the early 1990s, he suddenly popular, his small business has become a big business. But his Italian designer quit in 1993 when he was forced to go bankrupt. The Grunge (casual) wind blowing, bringing rain for his brand, but also full of vitality. Always practical, luxurious “Michael Kors” will be the best casual clothing and star charm with humor and integration of the 1970s it has reached a new peak hippie (his family name are brazen, such as: “Palm Bitch” and “10021 “- Madison Square ZIP code). He also attracted the attention of the French luxury goods group. LVMH Michael Kors received the flag, let him do those famous but old Celine leather goods and garments. However, Michael Kors and Celine actually very proportionate, in the summer, the design studio for the design impressed the Americans, but also with a five-year contract he signed. LVMH has bought a third of the shares of Michael Kors business. In 2000, the company opened its Madison Square flagship store. Perfume “Michael” also released. Also that year, he won the CFDA women’s award. Michael Kors left Celine in October 2003, and began to focus on his own brand. His brand of men listed in 2002. In addition to Michael Kors fashion show series brand outside, Michael Kors in 2004 established the MICHAEL Michael Kors and KORS Michael Kors Michael Kors in the two sub-brand’s. KORS Michael Kors fashion show for the mid-range series and MICHAEL Michael Kors between. MICHAEL series of products, including female handbags, shoes, and clothing line. And KORS products are shoes and jeans. Currently, Michael Kors have in New York City, to open boutiques in Beverly Hills, Las Vegas, Miami, Atlanta, Charlotte, San Diego, Costa Mesa and other places.
Meanwhile, the luxurious casualwear designs for men and women remain true to the brand’s more sporting roots, with classic knits, luxurious cottons and modern-fit denims all playing a part.And with a range of accessories from stylish, simple handbags to heels and watches, Michael Kors offers aspirational, wearable style from head to toe.

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Michael Kors Holdings Ltd. (KORS) tumbled 8.4 percent after same-store sales missed estimates, raising concern that one of fashion’s biggest growth stories is losing momentum.

Comparable-store sales rose 16 percent in its fiscal second quarter, the maker of luxury goods said today in a statement. Analysts had estimated growth of almost 19 percent, according to Consensus Metrix. The North America region grew almost 11 percent, missing a projection of more than 15 percent.

While total revenue and earnings still beat estimates, the results renewed fears that a slowdown is under way. Sportswear Holdings Ltd., Michael Kors’s largest shareholder, announced plans to sell its stake in September, following an almost fourfold gain in the stock since its initial public offering in 2011. The move put investors on edge, sending the stock down 4.5 percent that day.

Shares of the company, which makes designer clothing and handbags, fell to $71.42 at the close today in New York. That marked the biggest one-day decline since Michael Kors’s initial public offering in December 2011. The stock has dropped 12 percent this year.

Michael Kors Chief Executive Officer John Idol said in August that profitability would decline this year because an experiment to bring in fall products earlier in the year didn’t work. The broader retail industry also is relying more heavily on discounts to drive sales.
Photographer: Jin Lee/Bloomberg

Michael Kors Holdings Ltd. shares fell as much as 7.7 percent in early trading after… Read More
Profit Gains

Net income rose 42 percent to $207 million, or $1 a share, last quarter, from $145.8 million, or 71 cents, a year earlier, the company said in a statement today. Analysts had projected 89 cents in the period, which ended Sept. 27. Revenue climbed 43 percent to $1.1 billion.

The brand has seen sales surge over the past decade by enticing consumers with affordable luxury: Its handbags can cost a few hundred dollars, rather than the $800 to $1,000 or more that Louis Vuitton and Gucci charge. Its namesake designer also gained fame for appearing as a judge on reality show “Project Runway.” The 55-year-old, who left his TV job in 2012, has a net worth of about $1 billion, according to the Bloomberg Billionaires Index.

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Michael Kors Holdings Ltd. (KORS) tumbled 8.4 percent after same-store sales missed estimates, raising concern that one of fashion’s biggest growth stories is losing momentum.

Comparable-store sales rose 16 percent in its fiscal second quarter, the maker of luxury goods said today in a statement. Analysts had estimated growth of almost 19 percent, according to Consensus Metrix. The North America region grew almost 11 percent, missing a projection of more than 15 percent.

While total revenue and earnings still beat estimates, the results renewed fears that a slowdown is under way. Sportswear Holdings Ltd., Michael Kors’s largest shareholder, announced plans to sell its stake in September, following an almost fourfold gain in the stock since its initial public offering in 2011. The move put investors on edge, sending the stock down 4.5 percent that day.

Shares of the company, which makes designer clothing and handbags, fell to $71.42 at the close today in New York. That marked the biggest one-day decline since Michael Kors’s initial public offering in December 2011. The stock has dropped 12 percent this year.

Michael Kors Chief Executive Officer John Idol said in August that profitability would decline this year because an experiment to bring in fall products earlier in the year didn’t work. The broader retail industry also is relying more heavily on discounts to drive sales.
Photographer: Jin Lee/Bloomberg

Michael Kors Holdings Ltd. shares fell as much as 7.7 percent in early trading after… Read More
Profit Gains

Net income rose 42 percent to $207 million, or $1 a share, last quarter, from $145.8 million, or 71 cents, a year earlier, the company said in a statement today. Analysts had projected 89 cents in the period, which ended Sept. 27. Revenue climbed 43 percent to $1.1 billion.

The brand has seen sales surge over the past decade by enticing consumers with affordable luxury: Its handbags can cost a few hundred dollars, rather than the $800 to $1,000 or more that Louis Vuitton and Gucci charge. Its namesake designer also gained fame for appearing as a judge on reality show “Project Runway.” The 55-year-old, who left his TV job in 2012, has a net worth of about $1 billion, according to the Bloomberg Billionaires Index.